Latest Energy subsidies News

Egypt to hike electricity prices in July

May. 21, 2019 8:03 AM EDT

CAIRO (AP) — Egypt says it will raise electricity prices for households and businesses by an average of 15 percent, the latest in a series of austerity measures aimed at boosting the economy. Electricity Minister Mohammed Shaker said Tuesday that rates will be raised in July. He says the government aims to...

Without Venezuela's oil, Haiti struggles to keep lights on

May. 17, 2019 12:06 AM EDT

PORT-AU-PRINCE, Haiti (AP) — When her daughter was 4 years old, Jennifer Jean started a small catering business in Bourdon, a lower middle-class district of the Haitian capital. Starting with the occasional wedding or corporate meeting, she grew the business into a venture that earned her as much as $1,000...

Ocasio-Cortez: No 'middle ground' on fighting climate change

May. 13, 2019 11:10 PM EDT

WASHINGTON (AP) — Rep. Alexandria Ocasio-Cortez and Sen. Bernie Sanders rallied support for the Green New Deal on Monday night, with the New York congresswoman saying there should be "no middle ground" when it comes to climate change and the Vermont senator calling for a political revolution. Sanders, who...

Cuba launches widespread rationing in face of crisis

May. 10, 2019 10:41 PM EDT

HAVANA (AP) — The Cuban government announced Friday that it is launching widespread rationing of chicken, eggs, rice, beans, soap and other basic products in the face of a grave economic crisis. Commerce Minister Betsy Díaz Velázquez told the state-run Cuban News Agency that various forms of...

Solar energy threatened in state known for eco-friendly fuel

Apr. 25, 2019 10:34 AM EDT

ANKENY, Iowa (AP) — When Todd Miller began his two-person solar installation business in a suburb of Des Moines, one of the challenges he faced was keeping up with customer orders, as tax incentives and plunging prices for the boxy roof panels created a booming demand for this form of clean energy. Four...

NJ regulators approve $300M in nuclear plant subsidies

Apr. 18, 2019 4:31 PM EDT

TRENTON, N.J. (AP) — New Jersey regulators voted Thursday to approve $300 million in customer-funded subsidies for the state's nuclear industry despite finding the plants are financially viable. The decision means that all residential utility customers in the state will see their bills go up by about $40 a...

Syria fuel shortages, worsened by US sanctions, spark anger

Apr. 16, 2019 7:35 AM EDT

BEIRUT (AP) — Syrians in government-controlled areas who have survived eight years of war now face a new scourge: widespread fuel shortages that have brought life to a halt in major cities. Cars line up by the hundreds outside petrol stations, and long lines of people waiting to buy rationed cooking gas...

Iowa Sen. Grassley: Trump wind turbine comments 'idiotic'

Apr. 3, 2019 5:39 PM EDT

DES MOINES, Iowa (AP) — An Iowa Republican senator is expressing irritation at what he calls "idiotic" comments by President Donald Trump about wind energy. Trump, at the National Republican Congressional Committee's annual spring dinner Tuesday night, said noise from wind turbines causes cancer. Sen....

Louisiana's Supreme Court discounts advice from Ben Franklin

Mar. 27, 2019 7:04 AM EDT

NEW ORLEANS (AP) — The guidance of founding father Benjamin Franklin wasn't enough to sway the Louisiana's Supreme Court, which has declared moot a lawsuit filed by homeowners who said they were unfairly denied state tax credits for installing solar panels. At issue was a 2015 law, passed as the state's...